Signature Devices Inc. (SDVI)

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Signature Devices, Inc. and Innovo Technology Announce Release of the Morpheus Capture

IRVINE, CA, Dec. 13, 2017 (GLOBE NEWSWIRE) -- Signature Devices, Inc. (OTC PINK: SDVI) and Innovo Technology, a leading software and hardware development company, is announcing the availability of the Morpheus Capture, the latest in its product series focusing on the mid-level market for home entertainment.

Morpheus Capture is a new device that blends the best of Morpheus One, an all in one server/player, and Morpheus Pro, an all in one server/player with archiving and storage capability. The Capture has most of the features of the Morpheus One and the disc archiving feature of the Morpheus Pro. It relies on an external Network Attached Storage device to store the content. It also is the same chassis as the Morpheus One to take advantage of economies of scale. “With the popularity of the Networked Attached Storage and their relatively lower prices, the Capture makes perfect sense for the market,” Said Inas Azzam, President and CEO of Signature Devices and founder of Morpheus. The new device is a video server, player, audio server with two audio zones and disc capturing and archiving capabilities making it a complete private home entertainment center piece. The Morpheus Capture is ready to ship 6 weeks ahead of schedule.

Along with the new device the company has also released a new Operating System upgrade that improves performance and adds new features. The new OS also paves the way for the next generation products that are planned for next year including some major upgrades to the hardware, look and software and potential exploration of the crypto-currency space.

The company also announced that the Morpheus Micro is back in stock and the company is filing back-orders.

“We continue to develop and improve our products on an annual cycle to stay ahead enough in the market to maintain an advantage,” Said Inas Azzam, President and CEO of Signature Devices and founder of Morpheus. “We will be releasing our new generation products to coincide with Integrated Systems Europe (ISE).” He continued.

The current market size of private media distribution is $40 Billion annually. The Morpheus Audio Video product line is designed for the professional user and home automation dealers with remote web-browser based administration and easily integrates with major Home Automation Systems such as Elan, Control4, Crestron, Savant and RTI. Morpheus holds several advantages over other products in the market by offering a single unit that can be both player and server of audio and video unlike many other systems in the market that offer only server or player or audio and video. Morpheus combines those four function in a single chassis reducing the Total cost of Ownership by over 60%. Combined with a high quality build, native drivers for automation systems, and the best cost per zone per megabyte value among its peers Morpheus is gaining popularity in the market. The product also offers the highest margins among all of its peers making it a preferred choice among dealers and distributors. The Morpheus product line is also backed by Innovo Technology’s cloud based real-time monitoring system that keeps track of the system’s health and sends out early warnings and reports.

You can also follow the company on Twitter for small updates and announcements, https://twitter.com/SignatureDevice